Cameo

Downers Grove, DuPage County, Illinois  ·  400 Homes  ·  55+ Active Adult Community

Overview

1960s-era all-inclusive condominium community in Downers Grove — HOA at approximately $350/month covers exterior maintenance, snow removal, water, heat, and building insurance. The all-inclusive structure means predictable costs with fewer surprises. Walkable location near the Downers Grove North Metra station is a genuine asset. DuPage County effective rate of approximately 2.0% is among the lowest in the Chicago metro.

Illinois exempts all retirement income from state income tax — Social Security, pensions, IRA and 401(k) distributions. This advantage applies regardless of which county you live in. Combined with DuPage County's effective rate of approximately 2.0%, the true cost picture for Downers Grove area buyers depends heavily on your home price and retirement income level.